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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Dan3 who wrote (90862)9/29/2007 4:01:46 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>Just like that, no more social security or medicare crisis.<<<

Getting slightly OT here - but its not trading hours....

This is one thing I can't understand about "Homeland Security" and everything associated with it. Surely the 9/11 attacks were horrible. Each of those 5,00 lives lost was precious.

But what about smoking deaths??? Google "annual lung cancer deaths" and you will find reams of data. Here's one:

The findings indicated that, during 1997--2001, cigarette smoking and exposure to tobacco smoke resulted in approximately 438,000 premature deaths in the United States, 5.5 million YPLL, and $92 billion in productivity losses annually. Implementation of comprehensive tobacco-control programs as recommended by CDC can reduce smoking prevalence and related mortality and health-care costs (1).

I think keeping terrorism under control is very important. In life we must always make hard decisions, and that involves applying dollars where we get the maximum marginal utility.

Bottom line - I guess I could accept spending all of that $$$$ in Iraq if we had first wiped out smoking, drunk driving, etc. The odds of personal injury from them are much greater than being in a building when a plane hits it.

As for social security. If you or I tried to run a Ponzi scheme like that, we would be behind bars for life. When the government does it, its just dandy.
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